Policy, Procedure & Internal Compliance Programmes
An effective sanctions and export compliance programme needs to be documented properly in order that:
Management makes clear their commitment to the policy
There are clearly documented expectations on what is required
Those responsible have clear guidelines as to how the requirements are to be performed
A Structured Documented Programme
Most leading jurisdictions in the world of sanctions and export compliance set an expectation of having a structured, documented programme that clearly identifies the aims and objectives from an organisation standpoint as well as defining the business processes that are the subject of the programme.
Under the latest European Union legislation there is a specific requirement for an ‘Internal Compliance Programme’ with a clear definition of the various elements that it must contain.
Many UK companies find that, post Brexit, it is still advantageous to implement similar programmes.
An Independent
Objective View
Whether this is completely new to you, or you have decided you need to overhaul your existing policy and procedures, having an independent and objective view on what is required can be the most effective way to achieve the right outcome.
Based on our years of experience in industry working with such programmes, MJ Trade Advisory can review your existing set-up with you, we can propose amendments, or a completely new programme, as required.
We can also work with you, or for you, to create the necessary documents that define a programme and set out the steps you need to follow in order to implement the requirements as defined.
Other Areas Of Expertise
Export classification
Export classification is the bedrock of having confidence in compliant exporting
Impact of US export regulations
The United States implement international trade compliance regulations through several different government organisations.
SanctionS & Embargoes
Sanctions and embargoes are currently in place against more than 30 countries around the world.
M&A due diligence
Sanctions and export compliance matters should not be overlooked when contemplating an acquisition of, or merger with, another business.
Due Diligence
Conducting effective due diligence and RPS requires making a judgement about what is most effective
Audits
Auditing is a fundamental part of maintaining a good compliance programme.
